RedotPay raises $107 million for Global Stablecoin Payments.

RedotPay Raises $107 Million Series B Investment

Hong Kong-based fintech firm RedotPay has raised $107 million in a Series B funding round to expand its global stablecoin-supported payment services.

This funding round was led by Goodwater Capital, with significant participation from investors such as Pantera Capital. With this new investment, RedotPay's total capital raised is expected to reach $194 million by 2025.

Innovative Steps in the Global Payments System

Founded in 2023, RedotPay aims to reduce the costs and settlement times of international payments, particularly in emerging markets. The company is partnering with Circle to enable cryptocurrency bank transfers in Brazil.